Institute for Economics and Peace (IEP) reveals the most peaceful countries in the world. Despite living in the most peaceful century in human history, the world has become less peaceful over the last decade.

Capital Markets | Equity Capital Raising
Burgundy vineyard Domaine Chanzy expects to be the first company to conduct an initial public offering using crowdfunding, which enables companies to raise money from members of the public, typically via the Internet.

Cover Story
The decline in eurozone prices is the most dramatic example of deflationary pressures afflicting the globe. All eyes are now on European Central Bank chief Mario Draghi and his efforts to reverse that trend.

Capital Markets | Stock Markets
The Toronto Stock Exchange (TSX) will soon have direct competition from an alternative equity-trading platform, also to be located in the heart of Toronto’s financial district, known as Bay Street.

Milestones | Venezuela
Venezuela’s introduction of a marginal free-floating currency system that will freely trade the US dollar and the bolivar seems unlikely to enlarge the country’s foreign exchange reserves or stem its growing external debt.

Cover Story
As economic growth languishes and worries about the specter of deflation mount, much-needed infrastructure development and new sources of project financing could provide a panacea to global growth.

Country Report | Mozambique
Mozambique is the current star in Africa’s rising inward-investment constellation. For much of the last quarter of the 20th century, Mozambique was a war zone. Today the only war on its horizon is a bidder’s war, as investors salivate over the opportunities this Southern African country offers.

Global Finance sat down with Arvind Rajan, International Chief Investment Officer at Prudential Fixed Income, to discuss the impact of low oil prices on the ability of emerging markets to service their debt.

Cover Story
The drastic drop in oil prices will clearly have an impact on both individual companies and on overall growth in some countries. But is the shift net positive or negative, cyclical or systemic? The ultimate outcome is yet to be seen.

Activist Investing | Trends
Vanguard CEO William McNabb is making it plain that he wants the many public companies in which the world’s second-largest fund management firm owns significant minority stakes to take Vanguard as seriously as they take activist investors.